Tires & Rubber Products

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China Hainan Rubber Industry Group issues H1 2014 net profit outlook

Thursday, 24 Jul 2014 08:00pm EDT

China Hainan Rubber Industry Group Co Ltd:Sees net profit for the H1 2014 to increase by above 90 pct.The net profit of the same period in 2013 was 140,009,201.93 yuan.Comments that sluggish natural rubber market and decreased rubber product price as the main reasons for the forecast.

Dalian Rubber & Plastics Machinery and subsidiary to issue shares for stake acquisition and fund raising

Thursday, 24 Jul 2014 08:00pm EDT

Dalian Rubber & Plastics Machinery Co Ltd:To issue 47,148,058 shares at 8.24 yuan per share to Quanzhou-based investment company in exchange for 70 pct stake in a Fujian-based building materials and equipment company (target company).To issue 3,367,718 shares at 8.24 yuan per share to Quanzhou-based investment consulting company in exchange for 5 pct stake in target company.Says its Hong Kong-based subsidiary to pay cash of 138,750,000 yuan, to a China-based investment company, to acquire 25 pct stake in target company.The transaction price valued at no more than 555 mln yuan.To issue no more than 24,966,261 shares at no less than 7.41 yuan per share through private placement, to raise up to 185 million yuan.The proceeds will be used for the stake acquisition and supplement of working capital.

Sava dd appoints new Chairman of Supervisory Board

Friday, 18 Jul 2014 10:00am EDT

Sava dd:On July 17, appoints Miran Krasevec for the position of the Chairman of the Supervisory Board of the company.Krasevec is replacing Ales Skok.

Halcyon Agri Corp Ltd proposes change of auditors

Wednesday, 16 Jul 2014 06:44am EDT

Halcyon Agri Corp Ltd:Says existing auditors, Messrs Deloitte & Touche LLP (Deloitte) has, on July 11 given notice to the Company of its resignation as auditors and Ernst & Young has on July 16, given its written consent to be appointed as auditors, subject to the approval of shareholders.Resignation of Deloitte and the appointment of Ernst & Young as Auditors will take effect upon approval of the same by shareholders at an extraordinary general meeting (EGM) of the Company to be convened in due course.

Saranskiy zavod Rezinotekhnika OAO receives offer from Radik Mingazov

Wednesday, 16 Jul 2014 01:57am EDT

Saranskiy zavod Rezinotekhnika OAO:Receives an offer from Radik Mingazov to acquire the company's shares.Mingazov already owns a 96.45 percent stake in the company.The offered price is 1,250 Russian rubles a share.

The Goodyear Tire & Rubber declares quarterly dividend

Tuesday, 15 Jul 2014 08:30am EDT

The Goodyear Tire & Rubber Co:Declares quarterly dividend of 6 cents per share of common stock.Dividend is payable Sept. 2, to shareholders of record on Aug. 1.


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